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they weren't elected to play games like this. they were elected to govern. this is frustrating. you know why? then we have the debt ceiling coming up. what excuse will they come up? >> they will not cut spending. harry reid, nancy pelosi, chuck schumer, they are not going to cut spending. >> sean: how about the republicans? >> i hope the next time the republicans don't get rolled like they will be rolled the next 48 hours. >> sean: in one sense, joe, i got to give your president a lot of credit. he went out there, went out campaigning. he does a really good job blaming the republicans. he was able to frame the debate about taxes against the rich. not on his reckless spending. as a politician, he is pretty -- he is pretty amazing. in terms of governing, he is horrible. this is not good long-term for this country. >> well, look, the president was very clear in two campaigns now about raising taxes on the top 2%. he was clear. and he and romney had that thing -- had that out. and he won on that platform, sean. i mean he fair and square he won on it. and he is going to make -- repub
they weren't elected to play games like this. they were elected to govern. this is frustrating. you know why? then we have the debt ceiling coming up. what excuse will they come up? >> they will not cut spending. harry reid, nancy pelosi, chuck schumer, they are not going to cut spending. >> sean: how about the republicans? >> i hope the next time the republicans don't get rolled like they will be rolled the next 48 hours. >> sean: in one sense, joe, i got to give your...
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the republicans in the house of representatives, they feel they were elected in 2010 to come here and cut spending. dealing with the tax increases, that's a smaller piece. and that seems to be the focus of these talks right now. getting everybody's hands wrapped around the spending component which again the super committee was supposed to take care of last year, they failed. the budget control act, other provisions, all of these things have failed because nobody wants to give. and that's why it is going to be tough to get this through the house of representatives because these republicans are locked in. they say, look, we have cut some spending here this past year. but it was not cut enough. it was not cut deeply enough. they say hold on, we have already cut. that's the longer heads. getting this through the house will be an uphill climb. >> and statistically, when you look at the surveys americans are dug in on the issue too. they want us to bring our spending under control as well. i want to bring everybody up to speed. i am seeing a lot of activity on my twitter and facebook. what
the republicans in the house of representatives, they feel they were elected in 2010 to come here and cut spending. dealing with the tax increases, that's a smaller piece. and that seems to be the focus of these talks right now. getting everybody's hands wrapped around the spending component which again the super committee was supposed to take care of last year, they failed. the budget control act, other provisions, all of these things have failed because nobody wants to give. and that's why it...
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merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big story in 2014. just recently japan announced that they are going to start printed ago lot of money and last week, you saw the yen drop in value 15% which means that, if what we are company exporting to japan that just hurts our sales quite a bit because the value of their yen is less. so not able to buy as many products which is then, gregg, to hurt our stock market because a lot of our growth comes outside our borders of the united states. this is is a problem that goes directly to nks 401-k plan. >> then there is china which is the growth juggernaut but it accelerated? >> in fact the beginning of the year they are looking at double-digit growth. we're going to see 6
merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big story in 2014. just recently japan announced that they are going to start printed ago lot of money and last week, you saw the...
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the republicans in the house of representatives, they feel they were elected in 2010 to come here and cut spending. dealing with the tax increases, that's a smaller piece. and that seems to be the focus of these talks right now. getting everybody's hands wrapped around the spending component which again the super committee was supposed to take care of last year, they failed. the budget control act, other provisions, all of these things have failed because nobody wants to give. and that's why it is going to be tough to get this through the house of representatives because these republicans are locked in. they say, look, we have cut some spending here this past year. but it was not cut enough. it was not cut deeply enough. they say hold on, we have already cut. that's the longer heads. getting this through the house will be an uphill climb. >> and statistically, when you look at the surveys americans are dug in on the issue too. they want us to bring our spending under control as well. i want to bring everybody up to speed. i am seeing a lot of activity on my twitter and facebook. what
the republicans in the house of representatives, they feel they were elected in 2010 to come here and cut spending. dealing with the tax increases, that's a smaller piece. and that seems to be the focus of these talks right now. getting everybody's hands wrapped around the spending component which again the super committee was supposed to take care of last year, they failed. the budget control act, other provisions, all of these things have failed because nobody wants to give. and that's why it...
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state elect, elizabeth law would allow pilots to bring dpns into the cockpit. the plan would be optional and wouldn't cost anything since teachers would be using their own guns. listen. >> the number one concern for me is public safety in our schools. i don't want our children to be sitting ducks, i don't want our teachers to be sitting ducks and i want to hear any and all ideas. my idea is just one. >> reporter: in nearby utah, it's already legal to carry guns in the classroom, a record number of teachers attended a training seminar last week. teachers are first told to initiate a lockdown, if that fails they want to know how to handle the situation if a gun is needed. while there's no official data on whether gun sales are up in the wake of the sandy hook tragedy, the fbi reports in the process, more criminal background checks this year compared to last and they need more money to conduct the criminal background checks that are required there and they're planning to ask lawmakers for half a million dollars to speed up the process, which used to take a matter
state elect, elizabeth law would allow pilots to bring dpns into the cockpit. the plan would be optional and wouldn't cost anything since teachers would be using their own guns. listen. >> the number one concern for me is public safety in our schools. i don't want our children to be sitting ducks, i don't want our teachers to be sitting ducks and i want to hear any and all ideas. my idea is just one. >> reporter: in nearby utah, it's already legal to carry guns in the classroom, a...
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there was an election and president obama campaigned principally on that point and won and i do think we ought to be willing to give on that point. do i think that house republicans have some reason to also expect commitment to spending cuts to balance that. and what disappoints moo he is that speaker boehner and the president made real progress. the president made real concessions going up to some say $400,000 in his negotiations. and speaker boehner was unwilling to give the confidence about the debt ceiling raise that he needed back for them to be able to put together the sort of bigger bolder bipartisan package that would have is done the right thing for our country. here we are at the last moment wondering whether when we in the senate take up the house passed piece of legislation amend it and send it back to them whether they will take it up for a vote before the end of the year and prevent the overwhelming majority of americans seeing their taxes go up before january 1. >> shannon: there on the hill a lot of uncertainty as you wait to see what leaders have been hammering out. a
there was an election and president obama campaigned principally on that point and won and i do think we ought to be willing to give on that point. do i think that house republicans have some reason to also expect commitment to spending cuts to balance that. and what disappoints moo he is that speaker boehner and the president made real progress. the president made real concessions going up to some say $400,000 in his negotiations. and speaker boehner was unwilling to give the confidence about...
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boehner's republicans won an election too. he was elected president, not prime minister. he can't dictate to the house the way he would in england. >> as we look forward here, i heard you mention the debt commission and that's come up a couple times, that we've been down this road before with congress kind of bringing us to the brink but they always do a back deal. that has a longer lasting effect on the economy because every time we go through this, the markets react. people pull back. talk to me a little bit about what's forecasted for tuesday? we're get to hit the debt ceiling. >> a perfect storm. >> yes, but maybe it's one we need to endure so we can straighten our country out. if we go along with the president we have to reckon with the fact entitlement spending, about $650 billion or so, between now and the end of the decade, it will be up over a trillion per year. so we are really headed for a greek situation. by giving the president his way tonight, republicans will be bequeathing to his successor the kind of mess the greek president and italian prime minister are
boehner's republicans won an election too. he was elected president, not prime minister. he can't dictate to the house the way he would in england. >> as we look forward here, i heard you mention the debt commission and that's come up a couple times, that we've been down this road before with congress kind of bringing us to the brink but they always do a back deal. that has a longer lasting effect on the economy because every time we go through this, the markets react. people pull back....
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the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. i'm moderately optimistic that an agreement can be achieved. >> the president realizes after weeks of saying no they will get it done at the first time. they realize for the first time we may go off the cliff. harris. >> harris: they do call them experts for a reason the ones telling us this would be coming. >> plan a was basically the dramatic 4 trillion-dollar debt plan, the so-called big deal. then you had plan b from john boehner, that failed as well. this is basically plan c. just deal with extending tax cuts for the middle class. deal with unemployment benefits running out for 2 million people and then deal with some small spending cuts. but not deal with the big, big spending cuts on medicare and some of those entitlement programs. that's one thing that frustrates republicans. they think the can is being kicked down on an important piece of this. spending. i can tell you earlier today republican ron lamar said the president is not doing enough. >> we need two
the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. i'm moderately optimistic that an agreement can be achieved. >> the president realizes after weeks of saying no they will get it done at the first time. they realize for the first time we may go off the cliff. harris. >> harris: they do call them experts for a reason the ones telling us this would be coming. >> plan a was basically the dramatic 4 trillion-dollar debt...
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but an election happened. president obama has the first democrat in 75 years to win and said $250,000 was his bar. the elections have consequences. so that's a legitimate place to be. everybody that got elected to the house of representatives just got elected, too. and they have a no new tax pledge. you are at logger heads here. i think there is a sweet spot where nobody wants to be the person to raise the taxes that we just talked about and have a big bill come across your table in january. >> i think really the problem is spending. we've spending problem in our country. look at our debt. our debt is over $16 trillion. our government is spending way too much money. we need to cut back on spending, cut -- >> arthel: where? >> look at the entitlement programs, for example. there's a lot of waste, fraud, and abuse going on there. that is not even on the table. and so listen, we can cut our expenses in our country that is spleeningful and very important for us to do because right now, they're just kicking the can
but an election happened. president obama has the first democrat in 75 years to win and said $250,000 was his bar. the elections have consequences. so that's a legitimate place to be. everybody that got elected to the house of representatives just got elected, too. and they have a no new tax pledge. you are at logger heads here. i think there is a sweet spot where nobody wants to be the person to raise the taxes that we just talked about and have a big bill come across your table in january....
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before the election he asked for 800 billion. after the election, hey i won i want 1.6 billion trillion in tax hikes. this is where the political kibuki theater. we're playing small ball. we're going to hit the debt ceiling on december 31st, 6.39 trillion. we have $87 trillion in unfunded liabilities and they are arguing cutting rate of growth or savings over 10 years which won't impact one year's spending of. we're spending more with the fifth year of trillion dollars deficits ahead of us. we already spent 282 billion two months into 2013. and the small ball, do we slow the rate of growth when we should be talking about cutting spending. we should be talking about entitlements. when we should be talking about tax reform. flatting the tax code. why did dr. dre move his business dealings over to ireland? because of their low corporate tax rate. big obama supporter. for all of you people wearing beats headphones that money is going through ireland now because of that problem. heather: okay. before we get off on dr. dre, let's talk
before the election he asked for 800 billion. after the election, hey i won i want 1.6 billion trillion in tax hikes. this is where the political kibuki theater. we're playing small ball. we're going to hit the debt ceiling on december 31st, 6.39 trillion. we have $87 trillion in unfunded liabilities and they are arguing cutting rate of growth or savings over 10 years which won't impact one year's spending of. we're spending more with the fifth year of trillion dollars deficits ahead of us. we...
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he won the election, and democrats like chuck schumer say it's time for republicans to admit that, take a listen. >> on taxes, i know it's hard for the republicans, but the president ran on that platform, 250. no tax increases people below, but taxes for people above. he won. 60% of the voters said they were for it in the the exit polls, including some republicans. >> reporter: the president is still vacationing here in hawaii. white house officials are privately making it clear that you heard him last friday before he left the white house, i'll see you next week. if there is not some sort of christmas miracle and some sort of a deal over the next 24 hours very likely we'll see the president get on air force one in the next couple of days, right after christmas and head back to washington to find some sort of solution, kelly. kelly: hopeful people are following his advice and listening to christmas carols, drinking eggnog and talking to constituents. jaime: mistletoe extract could be good for your health. we'll talk about that. can bolt sidecan both sides bridge the gap before it's too
he won the election, and democrats like chuck schumer say it's time for republicans to admit that, take a listen. >> on taxes, i know it's hard for the republicans, but the president ran on that platform, 250. no tax increases people below, but taxes for people above. he won. 60% of the voters said they were for it in the the exit polls, including some republicans. >> reporter: the president is still vacationing here in hawaii. white house officials are privately making it clear...
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we had an election, and we had an election where voters clearly supported the president. jon: he got 50.96% of the population. >> he got over 300 electoral votes. romney only have one battleground state. tons of senate victories, again in the house, there were gains. voters agree with the handling of the economy presently and the proposals that the president has a point. it has to the one spending cuts and republicans try to pass a plan of their own, but it failed. bill kristol has criticized the plan. those are not my words, republicans have criticized that now republicans are really standing in the way of the real deal in order to defend the very top. >> republicans have a mandate as well. they were elected in the majority in the house of representatives, and their mandate is to maintain a grip on the size of government. instead of letting the president and the democrats go towards greed and bankruptcy and insolvency. they have a mandate. if they go along with raising taxes on the job creators in america, they can plan to be wiped out in the midterm election. they know
we had an election, and we had an election where voters clearly supported the president. jon: he got 50.96% of the population. >> he got over 300 electoral votes. romney only have one battleground state. tons of senate victories, again in the house, there were gains. voters agree with the handling of the economy presently and the proposals that the president has a point. it has to the one spending cuts and republicans try to pass a plan of their own, but it failed. bill kristol has...
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president obama believed and the democrats believe they have a mandate after the election. now, a mandate, you know, depends what you call a mandate. the election was not really close, but it wasn't also a grand slam for the democrats either. so there's a real difference in who -- what the mandate is here. and democrats don't feel they need to compromise. i think they think if we go over the fiscal cliff, they will have even stronger negotiating power. that remains to be seen because oftentimes when taxes go up and there is something that hits the economy really hard and puts it into a tailspin, it's the president who takes the blame. so i think even the president is wondering who's going to foot the blame for this one. but at this point i think the democrats feel they have the upper hand at this moment. if they hold tight, they will force the republicans to capitulate. i don't see that happening. i think both sides are really going to have to give in before we get a final deal. jon: so we'll have to see, you know, which side wins the battle of public opinion or which of th
president obama believed and the democrats believe they have a mandate after the election. now, a mandate, you know, depends what you call a mandate. the election was not really close, but it wasn't also a grand slam for the democrats either. so there's a real difference in who -- what the mandate is here. and democrats don't feel they need to compromise. i think they think if we go over the fiscal cliff, they will have even stronger negotiating power. that remains to be seen because oftentimes...
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want something to happen here and acknowledge, yes, the president had some leverage because he won the election but i thought both sides had and they were very close to a deal, gregg. that is the crazy thing here. they were very close. we had implosions in terms of the boehner leadership unable to hold his troops together. gregg: right. >> these guys are close. i think at this point, part of the negotiating dynamic is if we get close to the i have cliff you can get the troops to line up behind you and say, don't do it. that is terrible for the american people. that is bad way to run the government. gregg: mary katherine, no way to run a government but we've been saying that for 200 years. and i have too. but, mary katherine, look, what does it say about boehner's leadership, when he can't even get a vote on his own plan? >> no, i think that was a good opportunity for republicans to pass something. i think many of them made a mistake in foiling that plan because i think it was a decent one that had good points even though they obviously didn't get everything they wanted. i still think this could
want something to happen here and acknowledge, yes, the president had some leverage because he won the election but i thought both sides had and they were very close to a deal, gregg. that is the crazy thing here. they were very close. we had implosions in terms of the boehner leadership unable to hold his troops together. gregg: right. >> these guys are close. i think at this point, part of the negotiating dynamic is if we get close to the i have cliff you can get the troops to line up...
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libya holding its first free election in six years. 2.7 million voters choosing a 200 member assembly, and they draft libya's constitution. after three of the country's power grid's collapse, they experienced the largest blackout in the world. 640 million people without power. london's 2012 summer olympic games proves to be a record-breaking sporting events. michael phelps becomes the most decorated olympian of all time. twenty-two olympic medals. an online anti-muslim film sparking protests around the world. the maker of the movie is in jail in california on unrelated charges. what was originally believed to be an unrelated incident, for americans, including ambassador christopher stevens, are killed of the u.s. consulate in benghazi on 9/11. it is felt that that attack is an act of terror and had nothing to do with the anti-muslim video. killing three of al qaeda's leaders, the u.s. does so in their sector of the terrorist organization becoming more of a shell of its former self. benjamin netanyahu drawing a red line at the u.n. general assembly, indicating iran's approach to the fi
libya holding its first free election in six years. 2.7 million voters choosing a 200 member assembly, and they draft libya's constitution. after three of the country's power grid's collapse, they experienced the largest blackout in the world. 640 million people without power. london's 2012 summer olympic games proves to be a record-breaking sporting events. michael phelps becomes the most decorated olympian of all time. twenty-two olympic medals. an online anti-muslim film sparking protests...
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a tough election year. >> it is funny this happens to us at the end of the year. we think this, we do nothing but politics and world events and go did we have any fun on look back on it with the wonderful producers and we are like did we get anything serious done throughout the last year. >> here are some of our favorite moments from 2012. hard to believe. take a look. ♪ good morning everybody. great to see you. >> happy new year. >> this coffee has been here since last year. >> the vests have gone viral. >> this isn't going to go well. >> i can't wait for reichmuth and the bear. >> we'll be back in two and two. >> i'm no marilyn monroe but happy birthday, mr. president. >> vanilla ice wannabe. >> let's do it. >> will it ever stop. ♪ i don't know ♪ if there was a problem ♪ yo i'll solve it ♪ check owl the hook while the deejay revolves it ♪ >> now, you can walk in my shoes. ♪ >> we don't object if you are dancing. >> it is the fox and friends orchestra. >> wait a minute! >> don't go down the stairs. those are stairs! >> clayton, do not go down the st
a tough election year. >> it is funny this happens to us at the end of the year. we think this, we do nothing but politics and world events and go did we have any fun on look back on it with the wonderful producers and we are like did we get anything serious done throughout the last year. >> here are some of our favorite moments from 2012. hard to believe. take a look. ♪ good morning everybody. great to see you. >> happy new year. >> this coffee has been here since...
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. >> clayton: do you buy the charles krauthammer argument, the president was aware after the election he wanted to create a civil war in the republican party and to charles point he did that? >> yes, i think this obviously was to drive a wedge between the house conservative republicans and house capitulationist republicans and of course between the senate republicans and the house republicans. when the ball is in harry reid's court this is not a good thing for conservatives and what's going to happen now between today and tomorrow is, if you've got mitch mcconnell and harry reid sitting down, never a good thing and apparently, trying to come up with income tax thresholds, and if they don't come up with something, again, that wedge gets driven further and obama can sit in the cat bird's seat and blame, blame, blame republicans for their obstructionism. >> dave: quickly, you think a deal gets done, a threshold say around a half million dollars, unemployment gets extended and very little cuts, is that basically what you think happens here? >> i think that's right. i think that's the basi
. >> clayton: do you buy the charles krauthammer argument, the president was aware after the election he wanted to create a civil war in the republican party and to charles point he did that? >> yes, i think this obviously was to drive a wedge between the house conservative republicans and house capitulationist republicans and of course between the senate republicans and the house republicans. when the ball is in harry reid's court this is not a good thing for conservatives and...